E-invoicing is a business reform which requires significant changes to be made to ERP systems including billing systems and other allied business processes.
In this regard, GSTN recently issued API version 1.02 along with release notes which included generation of e-way bill as part of Invoice Reference Number (IRN) generation and validations applied for generation of IRN, generation of e-way bill and cancellations. However, there are other aspects relating to generation of invoices which require more clarity..
Source: nasscom.in
Latest Posts in "India"
- VAT Pre-Deposit Refund Must Be Paid in Cash Under GST, Rules Madras High Court
- Karnataka High Court: Limitation for GST Refund Mandatory, Delay Condonable Under Writ Jurisdiction
- Karnataka High Court: GST Refund Limitation Mandatory, Delay Condonable Under Writ Jurisdiction
- GST Refund Limitation is Mandatory, but High Courts Can Condon Delay in Genuine Hardship Cases
- DGFT Tightens Certificates of Origin Rules, Mandates Automated Verification and Authorised Issuance
